State Bank of India, Colaba Market branch

Colaba, Colaba district, Maharashtra

IFSC code
SBIN0061523
MICR code
400002017
Branch code
061523

Branch details

BankState Bank of India
BranchColaba Market
IFSC codeSBIN0061523
MICR code400002017
AddressSHOP NO 6 AND 7, PRESIDENT HOUSE, OPP. SASOON DOCK, WAREHOUSE ROAD, COLABA, MUMBAI 400005 (map)
PIN code400005
CityColaba
DistrictColaba
StateMaharashtra
Phone+919987385022
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC SBIN0061523

To send money to an account at the State Bank of India Colaba Market branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code SBIN0061523, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In SBIN0061523, SBIN identifies State Bank of India, the 5th character is always 0, and 061523 identifies this branch. The MICR code 400002017 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of State Bank of India Colaba Market branch?

The IFSC code of State Bank of India, Colaba Market branch (Colaba, Maharashtra) is SBIN0061523.

What is the MICR code of State Bank of India Colaba Market?

The MICR code of this branch is 400002017.

Does State Bank of India Colaba Market support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.